369 Marsh St San Luis Obispo, CA 93401
- Office buildings
- 2,815 SF
- 0.16 lot acres
Current Use by Public Records
- Pacific Capital Management / Real Estate Rental Agency / Real Estate Agency
- San Luis Salsa Company / Food Products Supplier
- Adler Belmont Group / Insurance Agency
Property Details for 369 Marsh St
- Year built
- 2002
- Construction
- WOOD
- Lot size
- 0.16 lot acres
- Property size
- 2,815 SF
- Zone code
- CR
- Property type
- Office buildings
- APN
- 002-508-009
- APU
- 2508009
Description
This exceptional 1,000 square foot office suite is situated on the first floor of a modern, two-story building at 369 Marsh Street, San Luis Obispo, CA 93401. Built in 2002, this traditional office space boasts a highly desirable location at the entrance to downtown, ensuring excellent visibility and accessibility. The suite itself is well-appointed and features a welcoming reception area, a spacious open work area perfect for collaborative teams, a private office or conference room ideal for meetings and client interactions, a convenient restroom, and a fully equipped kitchenette. The property benefits from ample on-site designated parking, a significant advantage in the heart of San Luis Obispo. High-visibility street signage further enhances the property's prominence. This combination of quality, exposure, and parking is a rare find in this sought-after downtown location within San Luis Obispo County. The building is a multi-tenant property. This is an excellent opportunity for a business seeking a prestigious and functional office space in a vibrant urban setting.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $455,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $360,000
- 6.5%
- $330,000
- 7%
- $330,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $365,000
- Geo Method
- $335,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $355,000
- Retail
- $335,000
- Mixed-Use
- $290,000
- Hospitality
- $355,000
- Educational
- $365,000
- Residential Income
- $290,000
- Energy
- $365,000
- Income-Based Land
- $285,000
- Food Service
- $305,000
Location Insight
- Map
- Local Demand
- City
- San Luis Obispo
- County
- San Luis Obispo
- State
- California
- Longitude
- -120.668
- Latitude
- 35.2752
- CBSA code
- 42020
- CBSA name
- SAN LUIS OBISPO-PASO ROBLES, CA METROPOLITAN STATISTICAL AREA